Jewell Curtis E 4
4 · ESAB Corp · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
ESAB (ESAB) SVP Curtis E. Jewell Receives Performance Stock Award
What Happened Curtis E. Jewell, SVP and General Counsel of ESAB Corp (ESAB), received a performance-based equity award covering 58,056 shares on 2026-06-10. The award is reported as a derivative grant with an acquisition price of $0.00 — no cash was paid by the insider at grant. This is a grant/retention-style award (not an open-market purchase or sale) and represents potential future stock if performance and service conditions are met.
Key Details
- Transaction date: 2026-06-10; filing date (Form 4): 2026-06-12 (timely filing).
- Transaction type: Grant/Award (code A); 58,056 shares; price reported $0.00; classified as a derivative.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote summary: The award vests in three tranches based on ESAB meeting specified performance criteria during a four-year window that begins on the second anniversary of the grant and ends on its sixth anniversary. Vesting also requires continued service through the later of the applicable anniversary (4th, 5th or 6th) and certification of performance achievement.
- No indication of sale, exercise-for-cash, tax withholding, or a 10b5-1 plan in the provided filing.
Context This grant creates the potential for future share ownership if ESAB meets the stated performance goals and Jewell remains employed through the applicable vesting dates. Such awards are common for executive retention and performance incentives and do not reflect an immediate cash transaction or a directional trade by the insider.
Insider Transaction Report
- Award
Performance Stock Option (right to buy)
[F1]2026-06-10+58,056→ 58,056 totalExercise: $82.92Exp: 2033-06-09→ Common stock, par value $0.001 (58,056 underlying)
Footnotes (1)
- [F1]The performance stock option to purchase up to 58,056 shares of ESAB common stock vests in three tranches based on ESAB's satisfaction of certain performance criteria during the four-year period commencing on the second anniversary of the grant date and ending on the sixth anniversary of the grant date, subject to the reporting person's continued service through the later of each of the fourth, fifth and sixth anniversaries of the grant date and the date on which ESAB's achievement of the applicable performance criteria has been certified.